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Benalytics
Jun 19, 2021 3:51 AM

Swing Line 

S&P 500SP

Description

The author was inspired by Charles Dow's concept on trend and Gann's concept on swing trade.

Swing line can help identify resistance and support. Breaking resistance indicate an uptrend. Breaking support indicates a downtrend. This is a simple and intuitive method in trend determination.

However, many chart readers nowadays set Candlestick as preferred pattern. The shared indicator provides another choice for constructing swing lines.
Comments
shivanjalikn
thanku so much .nice working.
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